How to Buy Obyte (GBYTE)

Step 1 – Join Kraken

In the beginning you'll need to purchase units of the bigger coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below for registration and to get Bitcoin (BTC) or Ethereum (ETH).

Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Obyte (GBYTE) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you've chosen the exact coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).

Step 3 – Find Obyte (GBYTE)

Once your deposit has been affirmed, you'll directly have access to your finances and you can commence invest and trading. To purchase Obyte (GBYTE) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”.

To spot Obyte (GBYTE), you will need to put the short name of the asset (GBYTE) into the search-box, which is highlighted in the picture. Be certain of having choosen the proper grouping, we've highlighted this also. Click on “GBYTE/BTC” to continue.

Step 4 – Purchasing Obyte (GBYTE)

As soon as you've spotted Obyte (GBYTE), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). And now we're creating our own Limit Order.

The ”Price” field will be automatically filled with the most up-to-date tariff Obyte (GBYTE) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the amount of GBYTE you wish to buy. The ”Total” field is the total price in BTC that you'll settle for the complete volumen of GBYTE.

If you're happy, make a mouse click on “Buy GBYTE”. Your plan will be filled when a Vendor sells their GBYTE for the price you offered.

Step 5 – Withdraw Obyte (GBYTE)

Unless you are frequently trading, you should never keepyour coins on an Crypto Exchange for an extended time frame. In order to withdraw your Obyte (GBYTE), hover over the ”Funds” tab and mouse click on “Withdraw”. Obyte (GBYTE) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Obyte (GBYTE) by using the provided drop-down box. Enter the volumen of Obyte (GBYTE) you'd wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.

When you're glad, click “Submit”. You may be asked for phone/email verification before a withdrawal.